Index Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
S&P/ASX Government Inflation-Linked Bond 1-10 Year Index (CME:SPBDAI9T)
Long-Term Downtrend (-90) - SPBDAI9T is in a strong downtrend that is likely to continue. While SPBDAI9T is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPBDAI9T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAI9T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPBDAI9T
The long-term trend has been DOWN since Oct 28th, 2021 at 151.62
The intermediate-term trend has been DOWN since Oct 28th, 2021 at 152.21
The short-term trend has been DOWN since Nov 22nd, 2021 at 152.86
Smart Scan Analysis for SPBDAI9T
Based on our trend formula, SPBDAI9T is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).